Electric windows are estimated to constitute the largest segment of the automotive control panel market (by value). Power windows or electrically operated windows are a common feature found in vehicles. Given its widespread adoption in all vehicle segments, the electric window segment is poised to hold the largest market share. OEMs have begun offering an additional switch that locks all the windows of the vehicle to enhance safety. The buying behavior of consumers is heavily influenced by the safety standards; thus, such additions will likely trigger the growth of the electric window market.

Driver Monitoring Camera: Fastest-Growing Segment

Driver monitoring cameras are estimated to be the fastest-growing segment of the automotive control panel market. These cameras detect any risky behavior on the part of the driver, and thereby help to avoid potentially dangerous situations during driving. The increasing incidence of road accidents caused by driver drowsiness or fatigue is driving the installation of driver monitoring camera systems. Increasing traffic in urban areas is also a key factor responsible for the rising number of road accidents. The rising demand for safety features in vehicles would accelerate the growth of the driver monitoring camera market.

Asia-Pacific: Largest Regional Market Segment

The automotive control panel market has been segmented into Asia-Pacific, North America, Europe, and RoW. Asia-Pacific is estimated to lead the automotive control panel market. OEMs in this region are enhancing their technologically capabilities and are thus able to offer better interior facilities for vehicles. The sales statistics for Asia-Pacific indicate promising growth potential, due to the increased comfort and safety levels in premium and luxury cars. North America is estimated to be the second-largest market for automotive control panels. The North American market is primarily driven by the increasing demand for enhanced comfort and convenience features.

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